Cover Story

Universal Stainless Alloy & Products is diversifying to produce more specialized products for a stronger future. But just as the company started to transition its new plant into an operating entity, a destocking cycle hit.

Insights

There’s no one-size-fits-all way to transition a business to a new owner. You can have a very short or lengthy transition period, but in either case, it’s critical to thoroughly plan to minimize potential hiccups.